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China Life Insurance Co Ltd to Acquire Equity Shares of Sino-Ocean Land Holdings Limited


Friday, 27 Sep 2013 08:00pm EDT 

China Life Insurance Co Ltd announced that it has signed a share acquisition agreement with Sino-Ocean Land Holdings Limited to acquire 635,941,967 newly issued shares of Sino-Ocean Land Holdings Limited's stock, at the price of HKD 4.74 per share. After this, China Life Insurance Co Ltd's stake in Sino-Ocean Land Holdings Limited will be increased from 24.71% (1,453,658,959 shares) to 29.00% (2,089,600,926 shares). 

Company Quote

22.15
-0.1 -0.45%
3:59am EDT